The Opal International Dividend Income ETF (BATS:IDVZ) Short Interest Down 66.2% in May

The Opal International Dividend Income ETF (BATS:IDVZ) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 16,001 shares, a drop of 66.2% from the April 30th total of 47,289 shares. Based on an average daily volume of 13,162 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.5% of the shares of the company are sold short.

Opal International Dividend Income ETF Stock Performance

Shares of Opal International Dividend Income ETF stock opened at $34.41 on Monday. Opal International Dividend Income ETF has a one year low of $26.09 and a one year high of $37.98. The stock’s fifty day moving average is $34.45 and its 200 day moving average is $33.32. The stock has a market cap of $101.51 million and a P/E ratio of 12.70.

Institutional Investors Weigh In On Opal International Dividend Income ETF

A number of institutional investors have recently bought and sold shares of the business. 49 Wealth Management LLC increased its stake in Opal International Dividend Income ETF by 16.2% in the 4th quarter. 49 Wealth Management LLC now owns 3,664,407 shares of the company’s stock worth $116,455,000 after buying an additional 512,079 shares in the last quarter. Citadel Advisors LLC increased its stake in Opal International Dividend Income ETF by 592.1% in the 3rd quarter. Citadel Advisors LLC now owns 47,340 shares of the company’s stock worth $1,456,000 after buying an additional 40,500 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new stake in Opal International Dividend Income ETF in the 3rd quarter worth $536,000.

About Opal International Dividend Income ETF

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.